Yahoo! (NASDAQ:YHOO) recently announced that it's partnering with dropbox to offer more comprehensive services to users of Yahoo! Mail. As a part of the company's push to revamp its image and reclaim lost market share, the move shows great promise. Along similar lines, the company is engaged in early discussions with Apple (NASDAQ:AAPL) to deepen the relationship between the search company and Cupertino.

In the following video, contributor Doug Ehrman discusses the actions Yahoo! is taking, the potential impact these moves may have on users, and the investment ramifications, particularly if these enhancements are successful.

Fool contributor Doug Ehrman has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Apple, Google, and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.